Category Archives: Tax Refund Fraud

Who Stole 3.6M Tax Records from South Carolina?

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For nearly a dozen years, residents of South Carolina have been kept in the dark by state and federal investigators over who was responsible for hacking into the state’s revenue department in 2012 and stealing tax and bank account information for 3.6 million people. The answer may no longer be a mystery: KrebsOnSecurity found compelling clues suggesting the intrusion was carried out by the same Russian hacking crew that stole of millions of payment card records from big box retailers like Home Depot and Target in the years that followed. Continue reading Who Stole 3.6M Tax Records from South Carolina?→

IRS Will Soon Require Selfies for Online Access

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If you created an online account to manage your tax records with the U.S. Internal Revenue Service (IRS), those login credentials will cease to work later this year. The agency says that by the summer of 2022, the only way to log in to irs.gov will be through ID.me, an online identity verification service that requires applicants to submit copies of bills and identity documents, as well as a live video feed of their faces via a mobile device. Continue reading IRS Will Soon Require Selfies for Online Access→

The Taxman Cometh for ID Theft Victims

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The unprecedented volume of unemployment insurance fraud witnessed in 2020 hasn’t abated, although news coverage of the issue has largely been pushed off the front pages by other events. But the ID theft problem is coming to the fore once again: Countless Americans will soon be receiving notices from state regulators saying they owe thousands of dollars in taxes on benefits they never received last year. Continue reading The Taxman Cometh for ID Theft Victims→

IRS to Make ID Protection PIN Open to All

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The U.S. Internal Revenue Service (IRS) said this week that beginning in 2021 it will allow all taxpayers to apply for an identity protection personal identification number (IP PIN), a single-use code designed to block identity thieves from falsely claiming a tax refund in your name. Currently, IP PINs are issued only to those who fill out an ID theft affidavit, or to taxpayers who’ve experienced tax refund fraud in previous years. Continue reading IRS to Make ID Protection PIN Open to All→

Confessions of an ID Theft Kingpin, Part II

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Yesterday’s piece told the tale of Hieu Minh Ngo, a hacker the U.S. Secret Service described as someone who caused more material financial harm to more Americans than any other convicted cybercriminal. Ngo was recently deported back to his home country after serving more than seven years in prison for running multiple identity theft services. He now says he wants to use his experience to convince other cybercriminals to use their skills for good. Here’s a look at what happened after he got busted. Continue reading Confessions of an ID Theft Kingpin, Part II→

FEMA IT Specialist Charged in ID Theft, Tax Refund Fraud Conspiracy

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An information technology specialist at the Federal Emergency Management Agency (FEMA) was arrested this week on suspicion of hacking into the human resource databases of University of Pittsburgh Medical Center (UPMC) in 2014, stealing personal data on more than 65,000 UPMC employees, and selling the data on the dark web. Continue reading FEMA IT Specialist Charged in ID Theft, Tax Refund Fraud Conspiracy→

New IRS Site Could Make it Easy for Thieves to Intercept Some Stimulus Payments

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The U.S. federal government is now in the process of sending Economic Impact Payments by direct deposit to millions of Americans. Most who are eligible for payments can expect to have funds direct-deposited into the same bank accounts listed on previous years’ tax filings sometime next week. Today, the Internal Revenue Service (IRS) stood up a site to collect bank account information from the many Americans who don’t usually file a tax return. The question is, will those non-filers have a chance to claim their payments before fraudsters do? Continue reading New IRS Site Could Make it Easy for Thieves to Intercept Some Stimulus Payments→

2020 Tax Fraud Trends: How to Protect Yourself at Home and Work

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Scammers view tax season as a prime recruiting season for victims. Here are the most prominent tax fraud trends in 2020 and how to protect your identity and business from risks.

The post 2020 Tax Fraud Trends: How to Protect Yourself at Home and Work appeared first on Security Intelligence.

Continue reading 2020 Tax Fraud Trends: How to Protect Yourself at Home and Work→

Human Resources Firm ComplyRight Breached

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Cloud-based human resources company ComplyRight said this week that a security breach of its Web site may have jeopardized sensitive consumer information — including names, addresses, phone numbers, email addresses and Social Security numbers — from tax forms submitted by the company’s thousands of clients on behalf of employees.
Cloud-based human resources company ComplyRight said this week that a security breach of its Web site may have jeopardized sensitive consumer information — including names, addresses, phone numbers, email addresses and Social Security numbers — from tax forms submitted by the company’s clients on behalf of employees.

Pompano Beach, Fla-based ComplyRight began mailing breach notification letters to affected consumers late last week, but the form letters are extremely vague about the scope and cause of the breach. Indeed, many readers who received these letters wrote to KrebsOnSecurity asking for more information, as the company hadn’t yet published any details about the breach on its Web site. Also, most of those folks said they’d never heard of ComplyRight and could not remember ever doing business with a company by that name. Continue reading Human Resources Firm ComplyRight Breached→

Deleted Facebook Cybercrime Groups Had 300,000 Members

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Hours after being alerted by KrebsOnSecurity, Facebook last week deleted almost 120 private discussion groups totaling more than 300,000 members who flagrantly promoted a host of illicit activities on the social media network’s platform. The scam groups facilitated a broad spectrum of shady activities, including spamming, wire fraud, account takeovers, phony tax refunds, 419 scams, denial-of-service attack-for-hire services and botnet creation tools. The average age of these groups on Facebook’s platform was two years. Continue reading Deleted Facebook Cybercrime Groups Had 300,000 Members→